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1 More Reason Berkshire Hathaway's GEICO Is Destined To Be King

The personal auto insurance market is one of the toughest spaces to compete in the broader insurance market. And with Berkshire Hathaway's (NYSE: BRK-B) GEICO division stealing the No. 2 spot from competitor Allstate (NYSE: ALL) in the past few weeks, it's become clear that the Gecko is doing something right. Though Allstate and Progressive (NYSE: PGR) have been promoting the new use-based insurance model, the new technology is still not standing up to GEICO's tried-and-true method.

In the video below, Motley Fool contributor Jessica Alling discusses the top reason why GEICO is scaling the auto insurance mountain and may eventually be crowned king of the hill.

Insuring a secure retirementEven though he doesn't run the day to day operations within GEICO, Warren Buffett secured his business through the wise investment in the insurance firm way back when. He has made billions through his investing and he wants you to be able to invest like him. Through the years, the Oracle of Omaha has offered up investing tips to shareholders of Berkshire Hathaway. Now you can tap into the best of Warren Buffett's wisdom in a new special report from The Motley Fool. Click here now for a free copy of this invaluable report.

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